Azule Energy has started production from its Ndungu full-field project offshore Angola. The project is part of the Agogo Integrated West Hub (IWH) asset in Block 15/06.

Project Scope and Infrastructure

The development is a subsea project comprising 11 wells: seven for production and four for injection. These wells are tied back to the existing N'Goma floating production, storage and offloading (FPSO) vessel. Unusually, there are future plans to eventually connect the Ndungu subsea facilities to the Agogo FPSO instead.

Production Details

Oil production is currently coming from three wells and is expected to reach a peak of 60,000 barrels per day. This follows an early production system that was brought online in February 2022, which saw up to 20,000 barrels per day flowing to the N'Goma vessel.

Ownership and Significance

The Agogo IWH asset is operated by Azule Energy, which holds a 36.84% stake. Its partners are Sonangol E&P with 36.84% and Sinopec with 26.32%. According to Eni, this new development sets a new standard for delivering deepwater oil and gas projects "at record speed."